Summary:
I got back on Tuesday in time to see ALSWF drag down my portfolio for the week. Other positions such as NRF however seem to be in recovery mode.
I added some AHR, JRT (good yields), some more SNEN, and a dab of ALSWF. I closed some WM and my XLF as financials staged a mild recovery. I also sold the last of my DRYS. Should have done so much sooner.
The markets seem to be recovering.
Positions:
Long: ALSWF ANH ANH-A CMO-A DRYS FFHL GA GREXF MDNNF MLKKF MMG NRF ONAV QADMF SNEN XSI NFIYF SGTI MFA GDOCF AHR jrt
Short: GCI KBH MEG MNI TOL WM.
Options: long BQI Jan 2.5 call; short BQI Jan 5.0 call
Cash: 3.6
Short Pct: 7.0
Read:
Stocks Researched:
Positions most worried about: .
Positions most sanguine about:
Biggest market worries: credit induced market downturn
Thinking about:
Outlook ( up-flat-down surety rating: 1-5 reasoning):
US: flat-down, 2.0; credit woes.
Tech: ??
Japan: not invested – don’t care anymore.
China: up, 3.0; strong economy.
Silver: up s/t, 2.0, price action; l/t up, 1.0, industrial demand.
Gold: up s/t, 2.0, price action; l/t up, 1.0, industrial demand, GFMS study, US$ weakness.
Copper: flat-down, 2.0. China, but stocks rising.
Zinc: flat, 2.0. Stocks stabilizing.
Real life: getting back to real life after a long vacation. somewhat sick over weekend
Weekly sleep and exercise: soccer. sleep ok.
Mood: calm, good
